Chicago, IL-(ENEWSPF)- A federal jury convicted a Chicago man of fraudulently obtaining more than $2.7 million in small business loans and grants under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, or COVID Relief.
From April to November 2020, QUAMDEEN AMUWO, 41, participated in a scheme to defraud the Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program. The EIDL program was intended to provide loan assistance and grants to cover working capital…
